American freight transportation index rose 1.2% in November

January 20, 2026

The Freight Transportation Services Index (TSI), rose 1.2% in November from October, rising for the month after two months of decline, according to the U.S. Department of Transportation Bureau of Transportation Statistics (BTS). From November 2024 to November 2025 the index rose 1.2%.

The Freight TSI increased in November 2025 due to increases in rail carloads, pipeline, and trucking volumes while air freight, rail intermodal, and water volumes decreased.

The Truck-Rail Freight TSI measures the month-to-month changes in the output of services provided by the freight railroads and for-hire trucking companies. The Freight TSI includes these modes as well air freight, inland waterways transportation and pipeline transportation. Combined, truck and rail freight historically comprise 70 to just over 80% of the Freight TSI.